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ANZ's Q1 impaired assets stable, as consumer sentiment subdued


Reuters


Feb 19 (Reuters) - Australia and New Zealand Banking Group Ltd said on Tuesday its impaired assets in the first quarter were roughly unchanged from three months ago, as a depressed housing market capped consumer sentiment.

Gross impaired assets for Australia's No. 3 bank fell to A$2.012 billion ($1.43 billion) over the quarter ended Dec. 31, from A$2.013 billion three months earlier.

The bank's common equity tier 1 ratio stood at 11.3 percent, marginally lower than the 11.4 percent reported at Sept. 30, 2018.

($1 = 1.4025 Australian dollars)






This article appears in: Politics , Stocks , World Markets




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